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2023
Flag → Flag
Exports $478MRnk 37 / 199
2023
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Top Product $50.4MSpark-Ignition Engines
2023
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Exports $1.18BRnk 11 / 199
2023
Flag → Flag
Top Product $275MCars
2023
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Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
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Economic Complexity (ECI) ECI 1.48Rnk 12 / 132
2023
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GDP$351BCURRENT US$
Rnk 43 / 195
2013-2023
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GDP GROWTH84.8%CURRENT US$
Rnk 24 / 195
2023
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 GDP$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
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GDP GROWTH44.5%CURRENT US$
Rnk 88 / 195
2023
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GDP PC $18,404CURRENT US$
Rnk 66 / 195
2013-2023
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GDP PC GROWTH93.8%CURRENT US$
Rnk 11 / 195
2023
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GDP PC$32,610CURRENT US$
Rnk 43 / 196
2013-2023
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GDP PC GROWTH40.3%CURRENT US$
Rnk 61 / 195

About

Romania-Slovenia Trade: In 2023, Romania exported $478M to Slovenia. The main products that Romania exported to Slovenia were Spark-Ignition Engines ($50.4M), Cars ($29.5M), and Insulated Wire ($25.4M). Over the past 5 years the exports of Romania to Slovenia have decreased at an annualized rate of 3.37%, from $567M in 2018 to $478M in 2023.

In 2020, Romania exported services to Slovenia worth $59.2M, with Transportation ($27.3M), Other business services ($17M), and Communications services ($9.02M) being the largest in terms of value.

Slovenia-Romania Trade: In 2023, Slovenia exported $1.18B to Romania. The main products that Slovenia exported to Romania were Cars ($275M), Packaged Medicaments ($140M), and Flat Flat-Rolled Steel ($44.9M). Over the past 5 years the exports of Slovenia to Romania have increased at an annualized rate of 8.81%,  from $776M in 2018 to $1.18B in 2023.

In 2020, Slovenia exported services to Romania worth $61.5M, with Transportation ($22.4M), Travel ($13.6M), and Other business services ($11.8M) being the largest in terms of value.

Comparison: In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). That same year, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Romania exported $478M to Slovenia. The main products exported from Romania to Slovenia were Spark-Ignition Engines ($50.4M), Cars ($29.5M), and Insulated Wire ($25.4M). During the last 5 years the exports of Romania to Slovenia have decreased at an annualized rate of 3.37%, from $567M in 2018 to $478M in 2023.

In 2018, Slovenia exported $1.18B to Romania. The main products exported from Slovenia to Romania were Cars ($275M), Packaged Medicaments ($140M), and Flat Flat-Rolled Steel ($44.9M). During the last 5 years the exports of Slovenia to Romania have increased at an annualized rate of 8.81%, from $776M in 2023 to $1.18B in 2018.

Exports from Romania (Flag) to Slovenia (Flag) (2023)

Exports from Slovenia (Flag) to Romania (Flag) (2023)

Latest Data

Trade between Romania (Flag) and Slovenia (Flag)

Romania Exports

Slovenia Exports

Market Competitiveness

Color
Romania
Top DestinationGermany$19.9B
Slovenia
Top DestinationSwitzerland$13.5B

This map shows whether countries import more from Romania or Slovenia. Each country is colored based on the difference in imports they receive from Romania and Slovenia or the difference in the growth in imports.

In 2023, countries that imported more from Romania than Slovenia included Germany ($19.9B), France ($6.5B), and United Kingdom ($5.14B).

In 2023, countries that imported more from Slovenia than Romania included Switzerland ($13.5B), Croatia ($4.85B), and Russia ($1.19B).

Difference in imports from Slovenia (Flag) and Romania (Flag) (2023)

Comparative Advantage Romania - Slovenia

Flow
Scale

This chart compares trade between Romania and Slovenia by product, considering products traded by both, Romania and Slovenia.

During 2023, Romania had a large net trade with Slovenia in the exports of Machines ($136M), Metals ($65.6M), and Transportation ($56M).

During 2018, Slovenia had a large net trade with Romania in the exports of Transportation ($305M), Machines ($282M), and Chemical Products ($202M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Slovenia+$23.3MCars
Top Product Potential Slovenia Romania+$45.3MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Romania exported services to Slovenia worth $59.2M, with Transportation ($27.3M), Other business services ($17M), and Communications services ($9.02M) being the largest in terms of value.

In 2020, Slovenia exported services to Romania worth $61.5M, with Transportation ($22.4M), Travel ($13.6M), and Other business services ($11.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Slovenia (Flag) (2020)

Services Exports from Slovenia (Flag) to Romania (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Romania and Slovenia. This means that a dot/product with the flag of Romania indicates it has a comparative advantage over Slovenia. Similarly, a dot/product with the flag of Slovenia indicates it has a comparative advantage over Romania.

Product Space of Romania (Flag) and Slovenia (Flag) (2023)

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